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This independent body, composed of retired officials and experts, will periodically review and recommend fare revisions for KSRTC, BMTC, NWKRTC, and KKRTC. Till now, bus fares have been increased once in a few years. Going forward, you can expect more frequent fare revisions. Amid the controversy surrounding the steep hike in the charges of Namma Metro, the state govt has proposed the formation of a public transport fare regulatory committee. The new body will be responsible for reviewing and r ...Read More >
Mumbai, Sep 12 (PTI) Sebi on Friday decided to broaden the definition of 'strategic investor' under the REIT and InvIT norms by including QIBs and certain categories of FPIs to attract more institutional capital. The Sebi board also cleared a proposal for reclassifying REITs (Real Estate Investment Trusts) as "equity" and retaining the "hybrid" classification for InvITs (Infrastructure Investment Trusts) for the purpose of investments by mutual funds and Specialised Investment Funds. These pro ...Read More >
Lucknow, September 12: The Seva Parv will be observed nationwide from September 17 to October 2, with a target of planting 1.25 crore saplings. In Uttar Pradesh, the Yogi government has set a goal of 15 lakh plantations. On the opening day, each of the state's 34 Nagar Vans will plant at least 100 saplings. Alongside plantation drives, campaigns on environmental awareness, rainwater harvesting, and conservation will also be conducted. Divisional Forest Officers in every district have been desig ...Read More >
Lucknow, Sep 12 (SocialNews.XYZ) As the Bharatiya Janata Party (BJP) gears up to celebrate 15-day long 'Sewa Pakhwada' across the country to celebrate Prime Minister Narendra Modi's birthday, the Uttar Pradesh government has decided to observe 'Seva Parv' from September 17 to October 2, with a target of planting 15 lakh saplings across the state. On the opening day, each of the state's 34 Nagar Vans will plant at least 100 saplings. Alongside plantation drives, campaigns on environmental aware ...Read More >
Bengaluru (Karnataka) [India], September 3 (ANI): Karnataka Home Minister G Parameshwara on Wednesday said the state cabinet has constituted a sub-committee to examine the long-delayed Bengaluru-Mysuru NICE Road project. The project, initiated in 2008 by the Nandi Infrastructure Corridor Enterprises (NICE), was expected to provide a high-speed link between Bengaluru and Mysuru. However, Parameshwara noted that despite years of work, only 42 km of the peripheral road has been completed so far. ...Read More >
MUMBAI: The Securities and Exchange Board of India (SEBI) has introduced a framework to monitor intra-day positions in equity index derivatives to reduce risks from oversized exposures and maintain market liquidity and order. SEBI has decided to impose clear intra-day position limits for each entity trading, with net intra-day position limited to Rs 5, 000 crore per entity calculated on a futures-equivalent basis, an official notice said. The gross intra-day position will be capped at Rs 10, 0 ...Read More >
Mumbai, Sep 2 (SocialNews.XYZ) The Securities and Exchange Board of India (SEBI) has introduced a framework to monitor intra-day positions in equity index derivatives to reduce risks from oversized exposures and maintain market liquidity and order. SEBI has decided to impose clear intra-day position limits for each entity trading, with net intra-day position limited to Rs 5,000 crore per entity calculated on a futures-equivalent basis, an official notice said. The gross intra-day position will ...Read More >
On August 26, the Karnataka government issued a notification forming the Greater Bengaluru Authority, which will come into force from September 2. The Karnataka government recently issued an order reassigning IAS and IPS officers serving the erstwhile Bruhat Bengaluru Mahanagara Palike (BBMP) to the Greater Bengaluru Authority (GBA) and five city corporations under it. This order will apply to 16 IAS and two IPS officers serving under various capacities at BBMP. The BBMP had a chief commission ...Read More >
Bengaluru, Sep 1 (PTI) Karnataka Deputy Chief Minister D K Shivakumar on Monday said senior officers with extensive administrative experience would be appointed as commissioners for the five corporations newly formed under the Greater Bengaluru Authority (GBA). Speaking to reporters after a meeting, Shivakumar, who is also Minister-in-Charge for Bengaluru Development, said, "The GBA and the five corporations are coming into effect. We have held discussions and decided to appoint senior officers ...Read More >
Mumbai (Maharashtra) [India], August 29 (ANI): Bank deposits with Scheduled Commercial Banks (SCBs) recorded a year-on-year growth of 11.3 per cent as of June-end 2025, slightly lower than the 11.7 per cent growth (net of merger) seen a year earlier, according to the latest quarterly data released by the Reserve Bank of India on Friday. The surge was primarily driven by a strong rise in term deposits, which grew 13.5 per cent year-on-year, significantly outpacing the modest 5.4 per cent growth ...Read More >
VMPLNew Delhi [India], August 26: The Practice of Immortality, by Ishan Shivanand, was launched to a packed audience at Yashobhoomi, Delhi, on August 24, 2025, marking a watershed moment for corporate wellness. Published by Penguin Random House and Hachette Book Group across 15 countries in 4 languages (English, Italian, German, Portuguese), the book became a USA Today National Bestseller. It claimed the #1 position on Amazon India within its first week. Among the most pre-ordered and most revie ...Read More >
New Delhi: The country's largest carmaker Maruti Suzuki has announced the rollout of its first made-in-India electric vehicle - the e-Vitara SUV - in a major boost to the green segment from its upgraded Gujarat plant, which is now set to become one of the world's largest automotive manufacturing hubs with a projected annual capacity of one million units. Crucially, this facility will serve as Suzuki's global production base for electric vehicles (EVs), exporting to over 100 countries, including ...Read More >
SMPLNew Delhi [India], August 28: Senior representatives from the British High Commission, Ms. Jennifer Kaul, Investment Counsellor for South Asia, U.K. Government, and Mr. Sijoy Thomas, Sector Lead - Technology at the British High Commission, visited PromptTech Global's Delivery Division at Technopark, Trivandrum. The delegation interacted with the company's management and members, extending support towards PromptTech Global's forthcoming expansion in the United Kingdom. Conversations highlight ...Read More >
New Delhi [India], August 28: Senior representatives from the British High Commission, Ms. Jennifer Kaul, Investment Counsellor for South Asia, U.K. Government, and Mr. Sijoy Thomas, Sector Lead - Technology at the British High Commission, visited PromptTech Global Delivery Division at Technopark, Trivandrum. The delegation interacted with the company management and members, extending support towards PromptTech Global forthcoming expansion in the United Kingdom. Conversations highlighted the c ...Read More >
New Delhi: Maruti Suzuki India Ltd on Tuesday started the production of its electric sports utility vehicle (SUV) e-Vitara for exports to 100 countries from its Gujarat factory, marking the beginning of its EV push that contrasts with strategies of its domestic rivals. While Tata and Mahindra began their EV journey by first boosting sales in the domestic market, Maruti Suzuki is producing these cars majorly for exports, with its Japanese parent looking to test its mettle in the global EV market ...Read More >
Aug 22 (Reuters) - India's markets regulator on Friday proposed changes to the country's block deal framework, including raising the minimum order size for such trades. The Securities and Exchange Board of India proposed to increase the minimum block deal size to 250 million rupees from the current 100 million rupees, according to a consultation paper published on its website. A block deal is used to execute large trades through a single transaction without putting either the buyer or seller i ...Read More >
Chennai, Aug 14 (PTI) Police evicted agitating conservancy workers on Wednesday midnight from the protest site following a Madras High Court ruling against blocking public pathways and the Opposition parties strongly condemned the police and the ruling DMK for the late night action against the protesters. Opposing privatisation, the workers were protesting in front of Rippon Buildings, the headquarters of Chennai Corporation since August 1. Chief Minister MK Stalin said his Dravidian model gov ...Read More >
VMPL New Delhi [India], August 14: Ellenox, India's largest venture studio, is accelerating its global push in enterprise AI development. In the past year, the company has grown its headcount by 50% over the last year, bringing in senior AI talent from Amazon and Google to power its next phase of expansion. Already delivering AI transformation for Fortune 50 leaders in fintech, cloud computing, consumer social, and sports-tech, Ellenox has built systems that replace costly call centers with na ...Read More >
New Delhi [India], August 14: Ellenox, India largest venture studio, is accelerating its global push in enterprise AI development. In the past year, the company has grown its headcount by 50 over the last year, bringing in senior AI talent from Amazon and Google to power its next phase of expansion. Already delivering AI transformation for Fortune 50 leaders in fintech, cloud computing, consumer social, and sports-tech, Ellenox has built systems that replace costly call centers with natural-voi ...Read More >
Chennai, Aug 14 (SocialNews.XYZ) To reduce electricity consumption and promote eco-friendly urban lighting, the Coimbatore City Corporation has begun installing motion sensor streetlights powered entirely by solar energy. These lights, equipped with solar panels, aim to cut dependence on the electricity board while lowering carbon emissions and eliminating greenhouse gas output. Under a pilot project, 122 motion sensor streetlights have been set up at five locations, with plans underway to ide ...Read More >
Chennai Corporation in a press release on Tuesday urged the workers to resume work, pointing to the benefits and job security under the new private company Chennai Corporation has roped in additional workers for launching a mass cleaning drive in Royapuram and Thiru Vi Ka Nagar zones owing to the protest by workers. Many farm hands from areas such as Vandavasi have started cleaning the streets. "We have deployed 1000 additional workers to strengthen the mass cleaning drive. More workers will s ...Read More >
New Delhi [India], August 14 (ANI): The credit-to-deposit ratio in Indian banks has stayed below 80 per cent as credit offtake in the country continues to lag, according to a report by CareEdge Ratings. The report highlighted that while both credit offtake and deposit growth have increased sequentially, they remain significantly lower than the levels seen last year. Deposits continued to outpace credit offtake in the current fortnight, leading to a narrowing of the credit-deposit gap. It state ...Read More >
PATNA: Congress leader Rahul Gandhi is all set to embark on 'Vote Adhikar Yatra' from Bihar's Rohtas district on August 17 to register a protest against how the ongoing special intensive revision (SIR) of the electoral rolls was being conducted in the state. This comes at a time when the Opposition is ratcheting up its protest against the SIR and casting aspersions on the integrity of elections. AICC general secretary (organisation) and MP KC Venugopal held a meeting with the INDIA bloc leaders ...Read More >
CHENNAI: Besides regularisation of employment, the other key demand of conservancy workers protesting against Greater Chennai Corporation's move to privatise solid waste management in two zones has been to ensure that their present salary of nearly Rs 23,000 per month is not reduced. However, meeting such a demand could cost GCC roughly Rs 164 crore per year, a senior official said. The official said that if this demand of the workers in the two zones - Royapuram and Thiru-Vi-Ka Nagar - are met ...Read More >
Vishal Sikka's early bet on global capability centers (GCCs) is now a reality as more companies insource tech operations in India. This shift challenges Indian IT giants, facing talent and business losses. While offering GCC-as-a-service, they navigate AI challenges and potential tariff risks under a possible Trump administration, impacting both IT firms and GCCs. Some Bengaluru-based doyens may disagree, but as recent events would suggest, Vishal Sikka was probably the most prescient of recent ...Read More >
NEW DELHI: A parliamentary panel looking into the levy of user fees or toll charges on National Highways (NHs) has raised concerns over the current practice of "perpetual tolling" even after project costs are recovered and a 3% annual escalation, irrespective of the highway quality, traffic volume, or user affordability.While recommending rationalisation and substantial reduction in toll charges on such stretches, its report has also mooted a "tariff authority" for toll fixation. The Public Acco ...Read More >
LUCKNOW: UP vaccinated against rabies and sterilised 2.8 lakh stray dogs under its animal birth control (ABC) programme in 2023-24 and 2024-25. It also established 17 permanent ABC centres, with two additional ones approved for Lucknow and Ghaziabad on a comprehensive budget of Rs 34 crore.Taking note of SC's latest directive on managing dog bite cases, urban development dept is taking proactive steps to enhance urban safety and animal welfare through its ABC and anti-rabies vaccination programm ...Read More >
New Delhi: Traffic in central Delhi will be affected on Thursday as the traffic police has issued an advisory due to the Janmashtami and Tazia processions.According to police, the traffic movement in Paharganj is likely to be affected from 1.30pm in view of the shobha yatra for Janmashtami and the Tazia procession.The Janmashtami procession will start from Mandir Shri Banke Bihari Ji in Paharganj's Sangatrasan Bazar and pass through Desh Bandhu Gupta Road, Chuna Mandi, Main Bazar, Munja Chowk an ...Read More >
CHENNAI: Armed with the order of the Madras High Court stating that the protesting cleanliness workers cannot block the pavement outside Ripon Building, the Greater Chennai City police arrested and forcibly removed the protesters from outside the Greater Chennai Corporation headquarters around midnight on Wednesday. By evening, the roads around Ripon Building were cordoned off and a large number of police personnel were deployed. Reports said more than 50 buses were deployed to ferry the worker ...Read More >
Hyderabad: A specialised police wing -- tourist police -- will be deployed across the state for the safety and protection of tourists on World Tourism Day (Sept 27), announced DGP Dr JitenderOn Wednesday, a coordination meeting was held between the state tourism department and the police department at the DGP Office. The DGP said that in the first phase, 80 police personnel will be allocated to the tourism department. "We will extend full cooperation to the tourism department for the promotion o ...Read More >
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